The budget proposal to introduce a 25% QROP tax has caused a 23% share price decline. We have a first guess at the potential impact here from which it would appear the share price fall is anticipating a worse outcome than is likely.
08 Mar 2017
Budget changes
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Budget changes
STM Group PLC (STM:LON) | 57.5 0 0.0% | Mkt Cap: 34.2m
- Published:
08 Mar 2017 -
Author:
Cavendish Research -
Pages:
2
The budget proposal to introduce a 25% QROP tax has caused a 23% share price decline. We have a first guess at the potential impact here from which it would appear the share price fall is anticipating a worse outcome than is likely.